
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC1641a]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
             CHAPTER 21--SETTLEMENT OF INTERNATIONAL CLAIMS
 
 SUBCHAPTER III--CLAIMS AGAINST BULGARIA, HUNGARY, RUMANIA, ITALY, AND 
                            THE SOVIET UNION
 
Sec. 1641a. Claims funds


(a) Establishment; coverage into Treasury; deduction

    There are created in the Treasury of the United States five funds to 
be known as the Bulgarian Claims Fund, the Hungarian Claims Fund, the 
Rumanian Claims Fund, the Italian Claims Fund, and the Soviet Claims 
Fund. The Secretary of the Treasury shall cover into each of the 
Hungarian, Rumanian, and Bulgarian Claims Funds, the funds attributable 
to the respective country or its nationals covered into the Treasury 
pursuant to subsections (a) and (b) of section 1631a of this title. The 
Secretary of the Treasury shall cover into the Italian Claims Fund the 
sum of $5,000,000 paid to the United States by the Government of Italy 
pursuant to article II of the Memorandum of Understanding. The Secretary 
shall cover into the Treasury the funds collected by the United States 
pursuant to the Litvinov Assignment (including postal funds due prior to 
November 16, 1933, to the Union of Soviet Socialist Republics because of 
money orders certified to that country for payment) and shall cover into 
the Soviet Claims Fund the funds so covered into the Treasury. The 
Secretary shall deduct from each claims fund 5 per centum thereof as 
reimbursement to the Government of the United States for the expenses 
incurred by the Commission and by the Treasury Department in the 
administration of this subchapter. Such deduction shall be made before 
any payment is made out of such fund under section 1641i of this title. 
All amounts so deducted shall be covered into the Treasury to the credit 
of miscellaneous receipts.

(b) Bulgarian and Rumanian fund

    The Secretary of the Treasury shall cover into each of the Bulgarian 
and Rumanian Claims Funds such sums as may be paid by the Government of 
the respective country pursuant to the terms of any claims settlement 
agreement between the Government of the United States and the Government 
of such country.

(c) Hungarian fund

    The Secretary of the Treasury shall cover into the Hungarian Claims 
Fund, such sums as may be paid to the United States by the Government of 
Hungary pursuant to the terms of the United States Hungarian Claims 
Agreement of March 6, 1973.

(Mar. 10, 1950, ch. 54, title III, Sec. 302, as added Aug. 9, 1955, ch. 
645, Sec. 3, 69 Stat. 571; amended Pub. L. 90-421, Sec. 1(8), July 24, 
1968, 82 Stat. 422; Pub. L. 93-460, Sec. 1(1), Oct. 20, 1974, 88 Stat. 
1386.)


                               Amendments

    1974--Subsec. (c). Pub. L. 93-460 added subsec. (c).
    1968--Pub. L. 90-421 designated existing provisions as subsec. (a) 
and added subsec. (b).

                  Section Referred to in Other Sections

    This section is referred to in sections 1641c, 1641h of this title.
